Financial Results, New Store Openings, Senior Leadership Changes and Stock Movement - Research Report on Walgreen Company, Nordstrom, Gap, McKesson, and rue21

NEW YORK, October 7, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Walgreen Company (NYSE: WAG), Nordstrom, Inc. (NYSE: JWN), The Gap Inc. (NYSE: GPS), McKesson Corporation (NYSE: MCK), and rue21, inc. (NASDAQ: RUE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Walgreen Company Research Report

On October 1, 2013, Walgreen Company (Walgreens) reported its consolidated financial results for Q4 FY 2013 and full-year FY 2013 (period ended August 31, 2013). The Company's net sales increased 5.1% YoY to $17.9 billion during the quarter, and for full-year FY 2013, it increased 0.8% YoY to $72.2 billion. Net earnings were $657 million or $0.69 per diluted share in Q4 FY 2013 compared to net earnings of $353 million or $0.39 per diluted share in Q4 FY 2012. The Company's net earnings were c.$2.5 billion or $2.56 per diluted share for full-year FY 2013 compared to $2.1 billion or $2.42 per diluted share for full-year FY 2012. Commenting on the results, Walgreens President and CEO Greg Wasson, said, "We saw improvement in our daily living business resulting from the investments we made and enhanced execution. We also saw continued strength in our pharmacy business as we increased our retail pharmacy market share for the fiscal year to 19.1 percent, and we continued to make great progress on controlling selling, general and administrative costs." The Full Research Report on Walgreen Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/844c_WAG]

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Nordstrom, Inc. Research Report

On October 1, 2013, Nordstrom, Inc. (Nordstrom) announced its plan to open a Nordstrom Rack at 1700 Chestnut St. in Philadelphia, a property owned and managed by JEMB Realty Corporation. Nordstrom Rack is the off-price retail division of Nordstrom that offers customers a wide selection of on-trend apparel, accessories and shoes at an everyday savings of 30-70% off regular prices. The Company stated that Nordstrom Rack will move into a completely renovated space that was initially occupied by department store Bonwit Teller and was most recently held by Daffy's. The new store will occupy the first three floors of the eight-story building. The Company reported that the Chestnut Street Nordstrom Rack is its first in Philadelphia, and is scheduled to open in the fall of 2014. The Full Research Report on Nordstrom, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/7e7a_JWN]

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The Gap Inc. Research Report

On October 3, 2013, The Gap Inc. (Gap) announced that Simon Kneen, Executive Vice President of design and Creative Director for Banana Republic, will be leaving the Company, effective December 31, 2013. Gap stated that it will begin the search for a new head of design and creative director immediately and Kneen will remain with the Banana Republic design team through the end of the year to manage through the transition. Jack Calhoun, Global Brand President, Banana Republic, said, "In the last five years with the brand, Simon has led with passion, creativity and a thoughtful approach to designing modern and versatile styles for professional men and women. As we compete to win on the global stage, now is the right time to make a change." Kneen's final collection for Banana Republic will be Summer 2014. The Full Research Report on The Gap Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3877_GPS]

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McKesson Corporation Research Report

On September 30, 2013, McKesson Corporation (McKesson) announced that James A. Beer will join the Company as Executive Vice President and CFO on October 9, 2013. According to the Company, Beer will be overseeing all financial functions for McKesson and will succeed Jeff C. Campbell, who left the Company in June 2013 to become the CFO of American Express Company. Beer previously served as the Executive Vice President and CFO of Symantec Corporation. John Hammergren, Chairman and CEO, McKesson Corporation, said, "James Beer is exceptionally qualified to lead our finance organization as chief financial officer. His extensive experience as the CFO for leading, publicly traded companies across several industries provides him with the ideal background and perspective to help guide McKesson's continued success." The Full Research Report on McKesson Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a057_MCK]

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rue21, inc. Research Report

On October 2, 2013, rue21, inc.'s (rue21) stock rose by 3.77%, ending the day at $40.99. Over the previous three trading sessions, rue21's shares gained 4.25%, outperforming the Nasdaq Composite which gained 0.88% during the same period. The Full Research Report on rue21, inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e81f_RUE]

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